**BREAKING: TOM KANE – INTERNATIONAL ASSET MANAGER FACES CIVIL LAWSUIT ALLEGING FRAUD and MISAPPROPRIATION of FUNDS**
BREAKING: TOM KANE – INTERNATIONAL ASSET MANAGER FACES CIVIL LAWSUIT ALLEGING FRAUD AND MISAPPROPRIATION OF FUNDS
WHO: Tom Kane, founder and CEO of Kane Capital Advisors, a privately held asset management firm based in New York.
WHAT: A civil lawsuit has been filed by the U.S. Securities and Exchange Commission (SEC) alleging Kane orchestrated a multi-year scheme involving the misappropriation of over $50 million from institutional investors, including a state pension fund.